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Transporters can recharge their BPCL fleet cards at Fino Bank points

Transporters can recharge their BPCL fleet cards at Fino Bank points

Gandhidham, 23 October 2020: For truck drivers of Gandhidham recharging their Bharat Petroleum (BPCL) Smartfleet cards that are used to pay for fuel has been a challenge for quite some time.

To ease this discomfort, Fino Payments Bank in association with BPCL has started a facility in Sector 9/C, Transport Nagar. Truck drivers can get the fleet cards recharged by paying equivalent cash at the bank’s point without any hassles. The digitized cash in the form of prepaid fleet cards allows drivers to make payments for fuel at BPCL outlets. Also, the service completely frees BPCL from handling the cash given by the truck drivers.  

BPCL’s SmartFleet is a unique fuel management program designed for efficient, tech-savvy and cost conscious fleet owners.

KalpitSoni, Zonal Head, Fino Payments Bank said, “Cash digitization through cash management is one of the key services offered by Fino Payments Bank to its partners that have huge cash flows. Along with providing access to banking services to customers, we are pleased to work with our strategic partner BPCL in digitizing cash by recharging fleet cards. With the huge Smatfleet user base, the potential is immense to manage and digitize cash and going forward we will provide this service across all the 650 plus BPCL outlets across Gujarat.”

Ajay Dewasi, Territory Manager, Retail (Rajkot), BPCL said, “Smartfleet program is a first of its kind initiative in the country that helps transporters manage their funds effectively. The exclusive centre, opened in association with Fino Payments Bank, facilitates hassle free and instant recharge for Smartfleet customers. More than 20000 transporters across Gujarat are using Smartfleet as on date. We expect a daily recharge of over Rs 5 lakhs at this point.”

With Micro ATM and Aadhaar enabled payment system (AePS) devices, the staff at the Fino point transform into a human ATMs, helping truck drivers as well as general public people carry our banking transactions.

In addition to BPCL outlets, a network of around 10000 neighbourhood small business owners such as kirana, mobile repair, dairy outlets are part of Fino’s banking network spread across Gujarat.

Thepoints are close by and are open till late in the evening allowing customers do banking at their convenience. Importantly, customers can focus on their work or business.  In this case, transporters need not worry about managing cash as the recharged fleet card allows them to make hassle free payments.

People can deposit, withdraw, transfer money and even open new accounts along with purchasing insurance (health, life, Covid and motor), paying utility bills, recharging mobile and DTH. While beneficiaries of government DBT schemes can withdraw cash, borrowers of several NBFCs and MFIs can pay their loan EMIs at Fino points.

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